SRGHFL

What SRG Housing promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 12 tracked 4 delivered 2 missed 6 open
  • AUM delivered said Q4 FY25 Promised: INR 1,000-1,100 crores next year (FY26) Q4 FY26: Achieved. FY26 AUM reached INR 1,042 crores, exceeding both the revised target of INR 970 crores and the original target of INR 1,000-1,100 crores.
  • Total Branches missed said Q4 FY25 Promised: 100 branches, then halt expansion for 2 years Q4 FY26: Missed. The target of 100 branches by year-end was not met (implied count from AUM/branch is ~96). Furthermore, management announced plans for 10-15 new branches in FY27, contradicting the promise to halt expansion for 2 years.
  • AUM revised down said Q4 FY25 Promised: INR 1,500 crores Q4 FY26: Guidance for FY27 AUM is now INR 1,300-1,400 crores, with INR 1,500 crores mentioned as an optimistic target. This is a dilution from the previous firm target of INR 1,500 crores.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 12 tracked commitments for SRG Housing — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens